The 10-year yield keeps hitting new highs, notes Collin Martin. He and Michelle Gibley discuss where interest rates can go from here. Collin mentions that consumer confidence fell to a four-month low and corporate defaults are on the rise. He believes that defaults can continue to pick up as higher borrowing costs weigh on corporate profits. Michelle highlights that September’s flurry of central bank meeting are over, but QT is still ongoing. She notes that the property market is a two-ton weight China’s growth, but we don’t expect an economic bust. Tune in to find out more about the stock market today.